Closing Bell

Stocks pulled back sharply to kick off a new trading week, with the Nasdaq feeling the most pain, as investors look ahead to the Fed’s meeting this week in Jackson Hole. Charles Schwab Chief Investment Strategist Liz Ann Sonders joins with her take on the selloff, and how long it could last. Market experts Barry Knapp, Keith Lerner and Jim Paulsen share their outlooks and best ways to play the volatility. And Signify Health was a major outperformer today, boosted by reports of a bidding war from Amazon and others for the company. The CEO of Cano Health, which was boosted in sympathy, weighs in on the potential deal. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A fast-paced look at the after-hours moves and late-breaking news live from the New York Stock Exchange. Closing Bell Overtime drills down into stocks and sectors, interviews some of the world’s most influential investors and gets you ready for the next day’s action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks sliding on Wall Street as the S&P 500 snaps a 4-week winning streak. BTIG Chief Market Technician Jonathan Krinsky explains why he sees big headwinds for stocks on the horizon, but reveals the one sector he thinks is attractive right now. Ally's Lindsey Bell thinks the market will remain volatile for a while, but it is too soon to say whether the summer rally is over. Mizuho's Dan Dolev on the sell off in bitcoin and why he sees significant downside to shares of crypto exchange Coinbase. Shares of Bed, Bath & Beyond plunging after investor Ryan Cohn sold his entire stake in the retailer. Former SEC Chair Harvey Pitt discusses whether regulators should look into the timing behind that sale. And Sunpower CEO Peter Faricy discusses how the Inflation Reduction Act could be a huge boon for the solar industry. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed speak front and center on Wall Street today … so the question now is can the bull charge actually continue even as hawks swoop in? Dan Greenhaus of Solus Alternative Asset Management gives his take. Plus, top chip analyst Stacy Rasgon gives instant reaction to Applied Materials results. And, five-star fund manager Kevin Simpson of Capital Wealth Planning makes the bull case for oil. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

It was a volatile day on Wall Street as stocks staged a late-session comeback. JPMorgan Asset Management's Phil Camporeale says we're currently in "the most supportive environment for investing we have seen all year". Former TikTok CEO & Former Disney executive Kevin Mayer discusses the winners and losers in the streaming wars and why he thinks Netflix's upcoming ad-supported tier will be a success. Plus, he discusses investor Dan Loeb's new push for Disney to spin off its ESPN business and Amazon testing a TikTok-like feature. Suntory CEO Takeshi Niinami discusses whether he is seeing customers trade down to cheaper whiskeys and other spirits in this economy as well as how his company is competing in the red hot tequila market. And B. Riley Securities Susan Anderson reacts to investor Ryan Cohen's intent to sell his stake in meme stock darling Bed, Bath & Beyond just days after she downgraded the stock to sell with a $5 price target. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow snapped a 5-day win streak … but is this just what the market needed? Josh Brown of Ritholtz Wealth Management gives his take. Plus, Morgan Stanley Wealth Management’s Lisa Shalett says investors should not chase new market momentum. And, reaction to Target’s earnings from an analyst who issued a bold call ahead of that report – he explains where he stands now. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow snapping a 5-day winning streak following disappointing retail sales data and a huge profit miss by Target, which was forced to slash prices to eliminate excess inventory. Fmr. Macy's CEO Terry Lundgren discusses whether he thinks the industry's inventory problems will be fixed in time for the holiday shopping season. Fmr. Kansas City Fed President Thomas Hoenig discusses how much the Fed will hike interest rates at its next meeting and if he thinks the central bank could pivot to rate cuts next year. Wells Fargo Investment Institute's Scott Wren believes a pivot is off the table and investors should be fading this recent rally, adding this is the most negative he has been on the market in a while. Manhattan Venture Partners' Rashaun Williams explains why he thinks the ice cold IPO market is about to heat up and lays out the top 5 names on his IPO watch list. And UBS's Lloyd Walmsley on whether Amazon testing a TikTok-like feature could be a game changer. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Virtus Investments’ Joe Terranova says any pullback could present a big upside opportunity – he makes his case. Plus, Gabriella Santos of JP Morgan Asset Management thinks the market could see another leg lower in the fall. And, the red-hot housing market is showing signs of cracking following a slew of bad data … but UBS thinks this could actually mark a turning point for homebuilders. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Better than expected earnings from Walmart and Home Depot helping the Dow extend its winning streak to a fifth straight day, although the broader market did lose steam late in the session. DWS Americas Chief Investment Officer David Bianco discusses whether investors should trust the recent rally and reveals where he still sees value in this market. Former Walmart U.S. CEO Bill Simon says the world's largest retailer is profiting from consumers shopping for lower food prices, but worries the company could get hurt by higher inventories of discretionary items. Palantir COO Shyam Sankar discusses the company's new efforts in health care and the impact the conflict between Russia & Ukraine is having on his business. And President Biden signs the Inflation Reduction Act into law. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A fast-paced look at the after-hours moves and late-breaking news live from the New York Stock Exchange. Closing Bell Overtime drills down into stocks and sectors, interviews some of the world’s most influential investors and gets you ready for the next day’s action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.